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4 Reasons Why Li Auto Is Poised For 48% Compounded Annual Growth Over By 2025
Wednesday, January 6, 2021 - 3:46pm | 339Read More...Li Auto Inc. (NASDAQ: LI), which is one of the three U.S.-listed Chinese EV startups, is poised to outperform in the near- to medium-term, according to an analyst at BofA Securities. The Li Auto Analyst: Ming Hsun Lee initiated coverage of Li Auto with a Buy rating and $42 price target. The Li...
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Why BofA Is Raising Its Nio Price Target Ahead Of The Jan. 9 Nio Day Event
Thursday, December 31, 2020 - 2:29pm | 400Read More...Nio Inc - ADR (NYSE: NIO) shares were trading higher Thursday after one Wall Street analyst raised their price target for the stock ahead of the company’s annual Nio Day event. The Nio Analyst: BofA Securities analyst Ming Hsun Lee reiterated a Buy rating for Nio and raised the price...
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BofA Raises XPeng Price Target, Sees More Upside Ahead For EV Stock
Thursday, December 31, 2020 - 11:59am | 402Read More...Xpeng Inc - ADR (NYSE: XPEV) was one of 2020's hottest electric vehicle stocks, and one Wall Street analyst said Thursday that investors can expect the XPeng rally to continue in 2021. The XPeng Analyst: BofA Securities analyst Ming Hsun Lee reiterated a Buy rating on XPeng and raised...
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BofA's Takeaways On Nio's 2021 Plans
Friday, November 27, 2020 - 1:30pm | 427Read More...Nio Inc – ADR (NYSE: NIO) has remained a favorite among Wall Street firms, with most remaining bullish on the Chinese electric vehicle maker. Following investor calls with the automaker's management, an analyst at BofA Securities shared key takeaways Friday. The Nio Analyst...
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Wall Street Bullish On Nio Despite Recent Pullback: 'A Must-Own Growth Stock'
Thursday, November 19, 2020 - 12:41pm | 923Read More...Despite near-term weakness in Nio Inc – ADR (NYSE: NIO) shares following Citron Research's bearish call on the stock, Wall Street is showing confidence in the Chinese electric vehicle manufacturer. The Nio Analysts: Deutsche Bank Securities analyst Edison Yu reiterated a Buy rating...
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Why BofA Is Bullish On Chinese EV Manufacturer Xpeng
Thursday, November 5, 2020 - 3:40pm | 413Read More...Xpeng Inc – ADR (NYSE: XPEV) shares have been on a tear, thanks in part to strong deliveries the Chinese electric vehicle maker reported for October. The Xpeng Analyst: BofA Securities analyst Ming Hsun Lee reiterated a Buy rating on Xpeng shares and increased the price target from $26...
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Nio Analyst Expects Blockbuster Q3, Q4 Deliveries As Premium Reputation Grows
Tuesday, September 29, 2020 - 2:53pm | 461Read More...Nio Inc – ADR (NYSE: NIO) shares have broken above the $20 level again following positive sell-side commentary Tuesday on the electric vehicle manufacturer. The Nio Analyst: Deutsche Bank Securities analyst Edison Yu reiterated a Buy rating on Nio with a $24 price target. ...
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Why BofA Is Bullish On Nio's Battery Leasing Service
Friday, August 21, 2020 - 1:01pm | 363Read More...NIO Inc (NYSE: NIO) has launched a battery-as-a-service subscription model under a new entity, Battery Asset Co., in which it will hold a 25% equity stake. The company will own battery assets and lease them to users who subscribe to the BaaS model, which will enable NIO to broaden its...
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Why Nio Has A Shot At Becoming The 'Tesla Of China'
Wednesday, August 12, 2020 - 11:57am | 598Read More...Chinese electric vehicle manufacturer Nio Inc – ADR (NYSE: NIO) reported Tuesday with forecast-beating second-quarter results and issued a strong third-quarter outlook. The Nio Analysts: Piper Sandler analyst Alexander Potter reiterated a Neutral rating on Nio and ...
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Nio Analyst Projects Upside On Stronger Orders, Improving Margins, Cash Flow
Friday, June 12, 2020 - 10:49am | 422Read More...The recent upward momentum seen in shares of Nio Inc – ADR (NYSE: NIO) is likely to be sustained, according to a BofA Securities analyst who projects incremental upside over the next 12 months. The Nio Analyst: Ming Hsun Lee reiterated a Buy rating on Nio ADSs and upped the price target...
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7 Best Cheap Stocks To Buy Or Sell
Friday, May 8, 2020 - 2:25pm | 1265Read More...Stocks that trade under $5 per share are often referred to as penny stocks. Many penny stocks trade for literal pennies (or less) on the OTC market, but there are plenty of penny stocks that trade on major exchanges as well. The Nasdaq and NYSE require all stocks listed on their exchanges to...
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Nio Analyst Says Improving Sales Trajectory, Easing Liquidity Concerns Support Bullish Stance
Wednesday, May 6, 2020 - 11:51am | 399Read More...Chinese electric vehicle startup Nio Inc – ADR (NYSE: NIO) reported strong deliveries for April, prompting an analyst at BofA Securities to turn bullish on the company. The Nio Analyst Ming Hsun Lee upgraded Nio ADRs from Neutral to Buy and increased the price target from $3.40 to $5. ...
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Nio Fundamentals Have Bottomed Out; COVID-19, Tesla Competition Keep BofA On Sidelines
Tuesday, March 10, 2020 - 1:00pm | 364Read More...Nio Inc – ADR (NYSE: NIO) reported a year-over-year decline in February deliveries, although the drop was not as worse as the industry-wide downturn in China in the wake of the COVID-19 outbreak. The Nio Analyst Reviewing the data, BofA Securities analyst Ming Hsun Lee maintained a Neutral...
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BofA: Nio Faces 'Weak' Orders, Stiff Competition, High Refinancing Risk
Monday, August 12, 2019 - 3:59pm | 360Read More...Chinese electric vehicle maker Nio Inc - ADR (NYSE: NIO) traded lower Monday after the company reported disappointing July shipment numbers. Nio shares are now down 58.8% in the past six months, but Bank of America Merrill Lynch said Monday that it’s still not time for...
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Bank Of America Downgrades Nio On Lower Sales Expectations, Tesla Competition Expectations
Wednesday, May 29, 2019 - 9:57am | 351Read More...Looming lower sales following cuts in subsidies for electric cars and the emergence of an American competitor led Bank of America to downgrade Nio Inc (NYSE: NIO). The downgrade followed lackluster results reported by the Chinese electric vehicle maker a day earlier, when Nio reported first-quarter...
















